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Dec 31, 2012
12/12
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CSPAN
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in a decade prior to 2007, spain had been the booming economy of europe. at one stage during the previous decade, nearly half the jobs created in europe were in spain alone. that brought in a huge amount of immigration. now we're seeing the other side of that. which is the immigrants have lost their jobs and the workers have lost their jobs. and in spain also there was a difference between those with permanent contracts with strong employment protection and the great bulk of people who are being employed on what's being called temporary contracts. they chopped down. we haven't seen that in the u.k. where the unemployment really hasn't reason as a result of such a deep downturn. >> is that the key factor siven given that we have had unrest in the past in bad economic times? do you think this time it's the unemployment figures that have made the difference? >> it clearly made a big difference because it shared the burden where whole industries would be wiped out or close to wiped out like the coal and steel industries in the 1980's. there there was a focus f
in a decade prior to 2007, spain had been the booming economy of europe. at one stage during the previous decade, nearly half the jobs created in europe were in spain alone. that brought in a huge amount of immigration. now we're seeing the other side of that. which is the immigrants have lost their jobs and the workers have lost their jobs. and in spain also there was a difference between those with permanent contracts with strong employment protection and the great bulk of people who are...
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Dec 14, 2012
12/12
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KPIX
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in spain right now, though, they're also about vegetables, specifically -- >> carrots. carrots. >> reporter: carrots. the humble root which may determine whether kym marsh's theater in the town near barcelona lives or dies and a lot of others too. why? because the spanish government has recently just about tripled the sales tax on theater tickets and kym fears that no one would ever fill these seats, until he made a discovery whiles out shopping. the tax on carrots is 4%. >> 4%, yes. >> reporter: the tax on theater tickets -- >> 21%. >> reporter: 21%. kym marsh did the math. food for the body, 4% tax. food for the soul, 21%. there had to be a way to bridge the gap. there was. kym doesn't sell tickets now. he sells carrots, expensive ones. >> 15 euros, one carrot. >> 15 euros, one carrot. >> yes >> 17 bucks for the carrot, you get the ticket for free. >> free. >> reporter: for every carrot you buy, you get a free ticket. >> okay. see? >> reporter: it's not really a laughing matter. theaters, movie houses around the country are all being hit by the new tax and are looking
in spain right now, though, they're also about vegetables, specifically -- >> carrots. carrots. >> reporter: carrots. the humble root which may determine whether kym marsh's theater in the town near barcelona lives or dies and a lot of others too. why? because the spanish government has recently just about tripled the sales tax on theater tickets and kym fears that no one would ever fill these seats, until he made a discovery whiles out shopping. the tax on carrots is 4%. >>...
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is graphic anybody in europe is more complicated for instance i have lots of friends in spain my son lives in barcelona for that matter so i'm in close contact what's going on inside spain unemployment rate for the new generation the google facebook generation now is fifty percent so even if you go to a good school or even a back nickel school. it is in spain after wars there's no jobs so the solution for them is to immigrate to south america over here you know any in europe is more complicated you have parts of germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in fact so this is the problem is the inequality inside the western capitalist system a
is graphic anybody in europe is more complicated for instance i have lots of friends in spain my son lives in barcelona for that matter so i'm in close contact what's going on inside spain unemployment rate for the new generation the google facebook generation now is fifty percent so even if you go to a good school or even a back nickel school. it is in spain after wars there's no jobs so the solution for them is to immigrate to south america over here you know any in europe is more complicated...
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what's happening in greece spain parts of. porch ago when this singer hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of about germany and scandinavia is not then we going to have sort of. by wall street movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the market itself is unsustainable going to jump in here we're going to go to a short break and after that short break but continue our discussion on the west stay with our. well with. this month's high tech means could help whether it be the latest laser cutters or lifesaving heart rushing innovators are working hard to keep you healthy for some companies it's been a winding road from car simulators to cutting edge streaming systems for others i
what's happening in greece spain parts of. porch ago when this singer hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of about germany and scandinavia is not then we going to have sort of. by wall street movement inside western...
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what's happening in greece spain italy. portugal when they sing hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe that would exceptional about germany and scandinavia is not then we going to have sort of. by wall street movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the model itself is unsustainable right gentlemen to jump in here we're going to go to a short break and after that short break bill continue our discussion on the west stay with our. experience before series with the. survival. of. the course of. the nation the fore. flt. they are all here to make it possible. chimp and the client on our show. to speak our language. programs and documentaries in arabic it's all here on the t.v. reporting from the w
what's happening in greece spain italy. portugal when they sing hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe that would exceptional about germany and scandinavia is not then we going to have sort of. by wall street movement inside western europe as...
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in fact when the we have this what's happening in greece spain. and portugal when this singer hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export malled all they're doing is strategic alliances with russia in terms of oil and gas they are sustainable but the rest of europe with exception of germany and scandinavia is not then we going to have sort of. movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the model itself is unsustainable going to jump in here we're going to go to a short break and after that short for a book continue our discussion on the west stay with our. for. thousands to see. other. stated. goals. to be drawn. i think that in this country metallurgy as an environmental cost which is an acceptable local business because labels are legal and controlled by criminals in order to protect our lives our families and to work in peace. we are forced to pay prote
in fact when the we have this what's happening in greece spain. and portugal when this singer hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export malled all they're doing is strategic alliances with russia in terms of oil and gas they are sustainable but the rest of europe with exception of germany and scandinavia is not then we going to have sort of. movement inside western europe as...
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Dec 8, 2012
12/12
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KCSMMHZ
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it is an archaic sport, once hugely popular in spain. then it was banned, but now it is making a comeback. this traditional hunting method is being legalized by a number of regions. even the spanish environment ministry is backing the move, hoping to see a rise in takings in national parks as a result of people buying hunting permits, but animal rights activists are far from happy, calling the horseback hunting savage. >> this is a story from spain about wild boars and a controversial method of hunting them. but it is also a story about a country in crisis and how one is sacrificed for the good of the other. this is a member of the old gentry. hunting has been in his family's blood for generations. he is helping revive the tradition of hunting wild boar on horseback with spears. the sport, known as pigsticking, was long banned, but he has legalize it again. as chairman of the pigsticking international club, he wants to use the hunt as a way to draw tourists to the region. hunters pay at least 5000 euros per team to take part, money the l
it is an archaic sport, once hugely popular in spain. then it was banned, but now it is making a comeback. this traditional hunting method is being legalized by a number of regions. even the spanish environment ministry is backing the move, hoping to see a rise in takings in national parks as a result of people buying hunting permits, but animal rights activists are far from happy, calling the horseback hunting savage. >> this is a story from spain about wild boars and a controversial...
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we can see that team greece and spain mainly because. instead of. being able to work all our. ways to go out of crisis they're getting. the solution diesel corsi said gains the interest of. people. and these various and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayments was loaded in favor of lenders like us chase bank president karimov declared it odious the billions saved doubled spending in hospitals and schools. as far as you could see into the future they were going to keep paying debts but would never reach a situation where the country actually benefits from the foreign capital. greece's most popular policy the research has already declared the national debt odious if it wins the next election it won't repay the banks we're joined by michael hudson who advises countries like the u.s. on economic policy profess that is greece is that odious. a minister. during goes up well wait a minute are you going to watch it really surrender our autonomy there has to b
we can see that team greece and spain mainly because. instead of. being able to work all our. ways to go out of crisis they're getting. the solution diesel corsi said gains the interest of. people. and these various and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayments was loaded in favor of lenders like us chase bank president karimov declared it odious the billions saved...
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portugal greece and spain have. full blown still colm syndrome finds the study host to just a crippling bit bonkers coast full of the loans and dependency and a terrifying twist the state's so-called risk of the same as the host each take has first great premier pop at the most then it's a nice moment to see. multinational because for stints of power don't call us and thing us develop the theory he joins us now why did you call it that. is seen drum because i can see that that governments are kidnapped by b.s. because late we could achieve this kind of people and. they are not defending that . we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis they are getting here was the solution these of course he said gains the interest. of people well or in these very issues and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayment was loaded in favor of l
portugal greece and spain have. full blown still colm syndrome finds the study host to just a crippling bit bonkers coast full of the loans and dependency and a terrifying twist the state's so-called risk of the same as the host each take has first great premier pop at the most then it's a nice moment to see. multinational because for stints of power don't call us and thing us develop the theory he joins us now why did you call it that. is seen drum because i can see that that governments are...
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Dec 29, 2012
12/12
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KCSMMHZ
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back then, and it still is today. >> the cattle trader from spain gets up early in the morning and does not come home again until late. between 2:00 and 4:00 p.m., he takes an afternoon nap, a siesta. >> i need these one-and-a-half hours after lunch. if i do not sleep, i do not feel well. then i do not enjoy work, and i am just not myself. >> the long spanish siesta still exists, even in bustling major cities. many businesses still shut at 1:30 in the afternoon and open again at 5:00 p.m. carlows also uses that break for a nap, for now at least. -- carlos. >> i think soon we will have to stay open after lunch. this is a tourist area. we have to stay open because it is customer friendly even though a lot of people are against it. but business is business. >> to make sure tourists in particular are not faced with shuttered doors, the spanish government has changed laws regarding business hours. it wants visitors to the crisis- ridden country to have more time to spend money -- 90 hours a week instead of 72. >> it should help encourage trade and create more jobs in the sector. >> but the p
back then, and it still is today. >> the cattle trader from spain gets up early in the morning and does not come home again until late. between 2:00 and 4:00 p.m., he takes an afternoon nap, a siesta. >> i need these one-and-a-half hours after lunch. if i do not sleep, i do not feel well. then i do not enjoy work, and i am just not myself. >> the long spanish siesta still exists, even in bustling major cities. many businesses still shut at 1:30 in the afternoon and open again...
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it's a live portugal greece and spain have. full blown still colm syndrome finds the study hosted to crippling that bankers coerced full of the loans and dependency and a terrifying twist the state's so called risk of the same as the host each take has first great premier papademos then it's a multi. multi national bank was forced into power don't call us and thing us develop the theory he joins us now why did you call it that. is seen because i can see there that governments are kidnapped by the s because late because i t they copied. and. they are not defended that. we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis they are getting deep and you know what's the solution these of course he's against the interest of. people can't well or and he's very use and example they decided not to use. debt odious it's international law loans moultrie paid because taken against the interests of the people equate those debts repayment was loaded in favor of lenders like us chase
it's a live portugal greece and spain have. full blown still colm syndrome finds the study hosted to crippling that bankers coerced full of the loans and dependency and a terrifying twist the state's so called risk of the same as the host each take has first great premier papademos then it's a multi. multi national bank was forced into power don't call us and thing us develop the theory he joins us now why did you call it that. is seen because i can see there that governments are kidnapped by...
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Dec 23, 2012
12/12
by
LINKTV
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and also, and luring russians to sunny spain. there is a real temperature contrast for us in europe. in the east, it is bitterly cold. in the west, it is milder. we're seeing a talk temperatures of around 11 or 12. the air is trying to push east on monday. we will see things turned slightly warmer. there is an intense area of what weather. it is piling up over the u.k.. that is why we have the flood warnings. you can see more clouds trying to make its way across europe. as the rain makes its way into the cold air, it is turning more wintry. we will see it turned to snow. behind it is where the milder air is. towards the northwest, the rain continues. for the u.k., it will still be very what -- it will still be very soggy. we're looking in the top temperature of around 19 degrees. there is likely to be more in the wake of clouds. there could be showers across libya and parts of egypt. green festival, only on link tv. >> welcome back. police in india have used water cannons to disperse crowds in new delhi. people have been on the s
and also, and luring russians to sunny spain. there is a real temperature contrast for us in europe. in the east, it is bitterly cold. in the west, it is milder. we're seeing a talk temperatures of around 11 or 12. the air is trying to push east on monday. we will see things turned slightly warmer. there is an intense area of what weather. it is piling up over the u.k.. that is why we have the flood warnings. you can see more clouds trying to make its way across europe. as the rain makes its...
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i mean why should the richest part of spain pay for the rest of the country if they want to be on their own. well we put a question another way around the way why don't they feel they have to share their solidarity with other parts of the country i mean you can't reproduce the argument . within these stateless nations as well and the poorest part of catalonia i mean sustained by the roots aspire of petroleum i think this is part to partially a wishful thinking i mean and it has to do with the legitimisation of the political system on the line hand and with a shot at radicalization of nationalist demands on the other hand which actually can not to be separated from the presence of course those that are particularly affected by konami overall economic crisis and well what i really i'm really skeptical about the possibilities of determination to short term or to solve the real problems of people from get the loan from the legion from the basque country i think that normative problem we have to face is that how the studly which is the barrier or what is the worry or a referendum or the peop
i mean why should the richest part of spain pay for the rest of the country if they want to be on their own. well we put a question another way around the way why don't they feel they have to share their solidarity with other parts of the country i mean you can't reproduce the argument . within these stateless nations as well and the poorest part of catalonia i mean sustained by the roots aspire of petroleum i think this is part to partially a wishful thinking i mean and it has to do with the...
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and unemployment will hit new highs rising to unprecedented levels of about twenty five percent in spain and greece and with upcoming elections in italy and then germany the european union is facing plenty of political as well as economic uncertainties like they say you're never a loser until you quit trying. to clear business r.t. . all right now it's time to take a look at what's happening in the markets we start of course with the united states which are still trading president obama on friday is expected to make a new scaled back offer in a bid to avoid the looming fiscal cliff meanwhile the market is dropping for the fifth consecutive session as you can see there within one percent but europe was also dropping on the same fears on friday but there's still one more day before the end of the year the forty first of the somebody to turn that trend around russia's ruble ended the final session on a down note as you can see but over the year the ruble strengthen the around five percent against the dollar as that's pretty impressive and russia's markets saw final bit of a selloff but that
and unemployment will hit new highs rising to unprecedented levels of about twenty five percent in spain and greece and with upcoming elections in italy and then germany the european union is facing plenty of political as well as economic uncertainties like they say you're never a loser until you quit trying. to clear business r.t. . all right now it's time to take a look at what's happening in the markets we start of course with the united states which are still trading president obama on...
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those stories and others on our website at the moment thousands of people have hit spain's streets to protest against the government's ever growing a stir people are outraged by cuts to health care education and pensions with anger also directed at changes to labor laws there's now talk to crisis strategist. he was saying coordinated action across the whole of spain thousands on the streets angry at the government's policies just how realistic are the protesters demands. there are unrealistic because spain is the eurozone especially as euro zone is on the path to insolvency and one could argue that spain is one of the countries that is essentially broke if not in actual fact so i think it led to the cut and have to start cutting somewhere because the debts are just breaking the spanish economy and it's going to get worse so my sense is spain has been living for too many years with too mild many benefits to get people shut social benefits social programs that are simply untenable in the long term and now that we have had this economic downturn that have shown up the fact that the euroz
those stories and others on our website at the moment thousands of people have hit spain's streets to protest against the government's ever growing a stir people are outraged by cuts to health care education and pensions with anger also directed at changes to labor laws there's now talk to crisis strategist. he was saying coordinated action across the whole of spain thousands on the streets angry at the government's policies just how realistic are the protesters demands. there are unrealistic...
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Dec 19, 2012
12/12
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CNBC
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we believe that every time italy and spain would have to raise money, do those deals, interest rates would shoot through the roof, bankrupting all involved, sovereign countries, companies, banks. instead, by letting cooler heads prevail through can kicking, smart private sector investors kicked the tires, not the cans, and they bought the debt. hit home runs every time they did. as rates came down hard, courtesy of bank backstop that did work. the europeans realized if they stopped the can kicking game cold like so many investors claimed they had to do, well, europe would go into severe depression. they didn't want that kind of austerity, their leaders bought time by kicking the can and that's what was most needed, time. they bought time. how well did it work? considering rates are not only not dramatically higher, they're dramatically lower, and the euro right now, strongest currency in the world. hmm, i thought the euro was supposed to vanish by this time with the secret sellers around the country. i thought greece was supposed to be kicked out of the union. instead, my advice, do
we believe that every time italy and spain would have to raise money, do those deals, interest rates would shoot through the roof, bankrupting all involved, sovereign countries, companies, banks. instead, by letting cooler heads prevail through can kicking, smart private sector investors kicked the tires, not the cans, and they bought the debt. hit home runs every time they did. as rates came down hard, courtesy of bank backstop that did work. the europeans realized if they stopped the can...
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Dec 3, 2012
12/12
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CNBC
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spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has a big fall in redemptions next year when it takes off pressure for sly flex year. spain has the opposite problems, a rise next year. so it's technically done for this year and the reason it's funding is to take some of the pain away from next year. and again these options get done and it isn't a big drama. they do have to get digested. but the primary dealers do take the bontds down and i'll expect no difference different on wednesday. >> so for the moment, no pressure relatively speaking. and yet we're now looking at the downgrades
spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has...
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Dec 29, 2012
12/12
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KCSM
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credit rating agencies handed out significant downgrades to spain and portugal in particular. europe's firefighting coalition of finance ministers hoped a fiscal pact with tight budgetary controls and national debt breaks would need future crises in the bud, but some economists were more realistic. >> the fiscal pact was basically superfluous. we already knew that all the countries were trying to cut back. weather or not they continue making cuts in 2018, which is what the fiscal pact promise, is of little interest to the markets. >> agrees also posed a challenge to the eu finance ministers, who approved a 130 billion you're out -- billion euro bailout -- greece also posed a challenge to the eu finance ministers, who approved a 130 billion euro fail appeared more and more, the focus on firewall plans for 2013, releasing 800 billion euros in october, but that attempt to extinguish the problem came too late for the spanish financial markets. one bank sounded alarm in may. it was nationalized and needed funds to survive. other banks went through similar problems. risk premiums fo
credit rating agencies handed out significant downgrades to spain and portugal in particular. europe's firefighting coalition of finance ministers hoped a fiscal pact with tight budgetary controls and national debt breaks would need future crises in the bud, but some economists were more realistic. >> the fiscal pact was basically superfluous. we already knew that all the countries were trying to cut back. weather or not they continue making cuts in 2018, which is what the fiscal pact...
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in fact when we have this what's happening in greece spain. but. poor to go when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we're going to have sort of he. movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the model itself is unsustainable right gentlemen to jump in here we're going to go to a short break and after that short for a book continue our discussion on the west stay with our. mission. could you take three. three. three. three. three. three vote video for your media project a free card. gold fever. turns thousands into slaves. my father but also among brothers involved in the mines and since i started working in a mine i stated i look at it and feel m
in fact when we have this what's happening in greece spain. but. poor to go when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we're going to have sort of he. movement inside...
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Dec 17, 2012
12/12
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CNBC
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needs to see the confirmation of europe for this thing to go -- >> but look at what will happen if spain activates the omt. any bank that owns all those sovereign debt are going to fly in europe. that's what people are anticipating. you will get that buy-in. >> we saw the banks fly today. bank america, closing at a 52-week high. bertha's got the latest on that. bertha? >> yeah, it's had a really strong day, b of a, extending those gains right now to an 18-month high. it closed at the highs of the day there at $11 a share. whitney says despite the monster run in financials and b of a up, the big banks are better capitalized and poised to be able to deploy earnings more freely. the feds march c-car will serve as what she calls the near term catalyst. the fed should allow b of a more room to use its capital and she thinks the board could quadruple the dividend. she also had citi and discover financial. whitney will be on with maria to talk about that call tomorrow. >> thank you, bertha. when she speaks, especially when it comes to the bank stocks, the stocks do move. do you buy into this mo
needs to see the confirmation of europe for this thing to go -- >> but look at what will happen if spain activates the omt. any bank that owns all those sovereign debt are going to fly in europe. that's what people are anticipating. you will get that buy-in. >> we saw the banks fly today. bank america, closing at a 52-week high. bertha's got the latest on that. bertha? >> yeah, it's had a really strong day, b of a, extending those gains right now to an 18-month high. it closed...
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is a lot of scotland old independence referendum in twenty fourteen spain no determined determined to bangkok loney of molding why is spending so steadfast is it because cars alone it is affluent as you make it out to be the lego world that that definitely one of the factors spanish maybe actually they are the ones afraid to be alone without the economical input of catalonia but the one that cuts plants we are also the thurmont to make it all work for everybody because we're not against the spanish we don't want to spain to fail we just out in favor of catalonia and not to fail with that's inside of and so we i'm sure was how alliances commercial alliances so nothing happened to sustain but that could be a fast i'm not a fast so we do have to bear in mind that the spain only finished its dictatorship in seventy five one hundred twenty five and the transition that the start at the thought of the start that the democrats the democracy in the spain because that dictate to died so they the deficit the democratic deficit that spain been has we understand he speaks so maybe english actually
is a lot of scotland old independence referendum in twenty fourteen spain no determined determined to bangkok loney of molding why is spending so steadfast is it because cars alone it is affluent as you make it out to be the lego world that that definitely one of the factors spanish maybe actually they are the ones afraid to be alone without the economical input of catalonia but the one that cuts plants we are also the thurmont to make it all work for everybody because we're not against the...
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Dec 10, 2012
12/12
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CNBC
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the ibex 35 in spain, down almost 1.5%. we can take a quick look there.f investors are rotating out of the periphery. italy and spain, moving higher. bund is below 1.3% as a result. italian shares are trading lower. banks stocks particularly hard hit on the back of political uncertainty generated by mario monte's position to resign from his post as prime minister. his departure is likely to lead to an early election in february. monte's predecessor has announced his attention intengz to return to office. sylvia berlusconi says he'll seek a fifth term as italian premier. carolin is following this situation from rome. how likely is it that we see berlusconi return to politics next year? >> kelly, you know what? it's pretty unlikely. if you look at the latest polls, his pdl party, which is deeply fragmented, is trailing the biggest party, the pd party, but around 16%. it's going to be very, very tough. not even impossible for him to close that gap over the next two months. but i want to continue the discussion about what monti
the ibex 35 in spain, down almost 1.5%. we can take a quick look there.f investors are rotating out of the periphery. italy and spain, moving higher. bund is below 1.3% as a result. italian shares are trading lower. banks stocks particularly hard hit on the back of political uncertainty generated by mario monte's position to resign from his post as prime minister. his departure is likely to lead to an early election in february. monte's predecessor has announced his attention intengz to return...
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Dec 24, 2012
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bny mellon wealth management >>> the russians don't want anybody in spain but the spanish. is that scary? they're communists, yes, but they want total disarmament? no. is that scary? hitler and mussolini are using the spanish earth for testing ground for what they want -- another world war. is that scary? you're darn right it is. >> barbara streisand in "the way we were." that's my synchle favorite movie. i told robert redford when he came in. he said he was resisting your call for a sequel ever since. >> it's such a good story, the sequel. i'm still after him. >> he's never made a sequel to anything. he doesn't believe in sequels. >> i understand that. this happens to be a great story. i wanted it to be released on the 25th anniversary. >> what would have happened? >> it was just a very interesting story through their daughter and her political activism at berkeley in 1968 and the democratic national convention which is very interesting. it was a beautiful love story again. >> we spent most of the last month e-mailing each other about barack obama and mitt romney. you were
bny mellon wealth management >>> the russians don't want anybody in spain but the spanish. is that scary? they're communists, yes, but they want total disarmament? no. is that scary? hitler and mussolini are using the spanish earth for testing ground for what they want -- another world war. is that scary? you're darn right it is. >> barbara streisand in "the way we were." that's my synchle favorite movie. i told robert redford when he came in. he said he was resisting...
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the people do think it's about spain's crippling unemployment figures especially amongst the young about the cost of the state has said this is and then you really get a sense of just how angry and how desperate the for the day we get the full of love that's doing to the country and so you just it's not in the middle of one of these big protest movements when the clashes break out. twenty's in just a bit thirty minutes time before then the deadly gang wars in the city of angels that's off the break. would be soo much brighter if you knew about songs from months to freshen some. stunts on t.v. dot com. golden . girl. good speech. we're. looking. at. live.
the people do think it's about spain's crippling unemployment figures especially amongst the young about the cost of the state has said this is and then you really get a sense of just how angry and how desperate the for the day we get the full of love that's doing to the country and so you just it's not in the middle of one of these big protest movements when the clashes break out. twenty's in just a bit thirty minutes time before then the deadly gang wars in the city of angels that's off the...
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all people to think it's about spain's crippling unemployment figures especially amongst the young about the cost to the states the services and then you really get a sense of just how angry how desperate. they get the. in times of love dusting to the country and so yes that's not bad in the middle of one of those big protest movements when the classes break out. coming up next is all special report the takes a look at the gang violence plaguing los angeles that's off to a short break. wealthy british style. fast but i'm not surprised. that. markets why not. come to. find out what's really happening to the global economy with mike's conjure for a no holds barred look at the global financial headlines tune in to cons a report on our. something. lawyers beneath. thousands of meters of the ice and rock. the law. that is a lose for many. but dangerous even to those who keep it at a distance. deadly rivals for decades. if you had fifteen thousand people killing each other or in any other country there would be diplomats there would be a. self imposed out costs from society i will cut myself c
all people to think it's about spain's crippling unemployment figures especially amongst the young about the cost to the states the services and then you really get a sense of just how angry how desperate. they get the. in times of love dusting to the country and so yes that's not bad in the middle of one of those big protest movements when the classes break out. coming up next is all special report the takes a look at the gang violence plaguing los angeles that's off to a short break. wealthy...
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all people do think it's about spain's crippling unemployment figures especially amongst the young about the cost of the stakes the study says and then you really get a sense of just how angry and how desperate. they really get the full in the book that's doing to the country and to us it's not in the middle of one of these big protest movements when the clashes break out. well twenty thirteen will see yet more talks to try to get a breakthrough between israel and the palestinians but rocket exchanges and israel's expanding its notorious settlement program have only put more obstacles to making peace a reality there a middle east correspondent. paula hi there good to see you tonight with there's no both sides of course talk about talks with enough of. the times if i had a pony or a rubles for. the last year where is it heading well yes given it does seem as if we have this constant repeat of the same conversation i mean if you look at what's happening on the ground israel continues to announce settlement construction and the palestinians continue to say that for as long as these announce
all people do think it's about spain's crippling unemployment figures especially amongst the young about the cost of the stakes the study says and then you really get a sense of just how angry and how desperate. they really get the full in the book that's doing to the country and to us it's not in the middle of one of these big protest movements when the clashes break out. well twenty thirteen will see yet more talks to try to get a breakthrough between israel and the palestinians but rocket...
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Dec 29, 2012
12/12
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it is the seventh largest corporation in all of spain. it is the largest corporation in the northern part of spain their runs from barcelona in the east to san salvador in the west. is an extraordinarily successful collection of 300 co-ops, some as small as a dozen people, some numbering employees in the thousands. the largest single enterprise is the largest supermarket chain in the northern half of starain. with tholhu00 employees, those supermarkets are run as cooperative enterprise. all decisions are made to get the. they are highly modernizee of highly technologically efficient and they have a n. wber of interestinge arules but before mention those, everyone of the courses is ref1 o lired to compete with capitalist enterprises and whatever they do and they do everything from rap that farming to the production to high-tech equipment of all kinds. they have their own bank, their own pension system, and talianagement. when you arrive there, big modern glass and steel bpetldings, you thihate you're walking into an american corporation he
it is the seventh largest corporation in all of spain. it is the largest corporation in the northern part of spain their runs from barcelona in the east to san salvador in the west. is an extraordinarily successful collection of 300 co-ops, some as small as a dozen people, some numbering employees in the thousands. the largest single enterprise is the largest supermarket chain in the northern half of starain. with tholhu00 employees, those supermarkets are run as cooperative enterprise. all...
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but it's not only greece or spain trying to stay afloat during times of punishing austerity the u.k. is also wrestling with deep cuts and a controversial budget which is being felt particularly hard in northeast england as their first discovered people in the region feel they're being left to suffer alone and factory closures and rising unemployment. as he'll saying impressing gays it's grim up north it's a perception of life in some of the nation's other major cities recessions hit the case hard it's been in the northeast where it's being felt particularly acutely trade union leader val scott furious with the government's decision to close sunderland's rempel a factory it's a government venture that began back in the 1940's to provide employment the people with disabilities two weeks before christmas the government going to close the packaging factories and leaves a very bleak future for disabled workers cannot stops was laid off from another rempel a factory back in april and accuses the government of forcing people out of paid jobs and on to a life of welfare we were told in the w
but it's not only greece or spain trying to stay afloat during times of punishing austerity the u.k. is also wrestling with deep cuts and a controversial budget which is being felt particularly hard in northeast england as their first discovered people in the region feel they're being left to suffer alone and factory closures and rising unemployment. as he'll saying impressing gays it's grim up north it's a perception of life in some of the nation's other major cities recessions hit the case...
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nothing so long why away what happens in the meantime the likes of greece and spain default they leave the time what happens then. well i think then it would be a situation of improvisation and you know i would have to say that you know the press this morning one of things that they were very focused on was well this clears the way for direct recapitalization of banks say in spain greece etc directly from the european bailout mechanism. but the thing about this is it's not likely to be retrospective so any banks that have already received a right through the sovereign probably are eligible for it has been pressing for this were a while the second thing is that you know a lot of things could happen between now and bashi thousand and fourteen and you know that the city could be actually says well you know we've kicked the can to some extent down the road to the other side of german federal elections the other thing i'd also point out you know this is only that agreement on the first of three for a year. figure compared to getting the second pillar is about agreeing a resolution mechanism
nothing so long why away what happens in the meantime the likes of greece and spain default they leave the time what happens then. well i think then it would be a situation of improvisation and you know i would have to say that you know the press this morning one of things that they were very focused on was well this clears the way for direct recapitalization of banks say in spain greece etc directly from the european bailout mechanism. but the thing about this is it's not likely to be...
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they were very focused all was well this clears the way for direct recapitalization of banks say in spain greece etc directly from the european permanent bailout mechanism. the thing about this is it's not likely to be retrospective so any banks that have already received bailouts through the sovereign probably are eligible for it has been pressing for this for a while and the second thing is that you know a lot of things could happen between now and bashi thousand and fourteen and you know that the city could be actually says well you know we've kicked the can to some extent down the road to the other side of german federal elections the other they are to also point out you know this is only the agreement of the first of three for you. the second part is about agreeing a resolution. mechanism for. european banks which are in trouble there are sovereignty issues there there are four main issues there which germany will be if you push against and the third pillar is a european wide deposit insurance fund which would need a lot of money a job. but that's that's clearly discussion for two th
they were very focused all was well this clears the way for direct recapitalization of banks say in spain greece etc directly from the european permanent bailout mechanism. the thing about this is it's not likely to be retrospective so any banks that have already received bailouts through the sovereign probably are eligible for it has been pressing for this for a while and the second thing is that you know a lot of things could happen between now and bashi thousand and fourteen and you know...
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people in spain say their dignity is at stake later here on our team report on how students and doctors and their thousands are protesting against government across the country. becomes a sad time for action american side control petitions a message to the white house after the latest tragedy in the u.s. the school details after this break. if you're passing through rushes to be a region you really can walk on the wild side thousands of kilometers of unspoilt countryside make up an area where it's still possible to live off the land such spectacular scenery makes it a paradise for fisherman and provides a business opportunity for hunters there are defined hunting seasons in russia but lax enforcement means many animals are killed out of the allotted times which can leave young animals orphaned and unable to survive the heart of just us forest provides a sanctuary for the most famous beast in russia it's home to a group who rescue orphaned bear cubs and raise them when they're old enough to fend for themselves the cubs a target taken to a remote location and released back into the wild b
people in spain say their dignity is at stake later here on our team report on how students and doctors and their thousands are protesting against government across the country. becomes a sad time for action american side control petitions a message to the white house after the latest tragedy in the u.s. the school details after this break. if you're passing through rushes to be a region you really can walk on the wild side thousands of kilometers of unspoilt countryside make up an area where...
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the people in spain are saying that their dignity is at stake and later in the program we report on how students and doctors in their thousands are protesting government austerity all over the country. and that time of action americans signed gun control petitions as a message to the white house after the latest tragedy in a u.s. elementary school those details and more after this break. i was. the was. in the middle of russia is no way from civilization or any three hour helicopter treat from the nearest village. they stole one family have been living here for a long time in tents made of reindeer skins. so he can set. lodging runs in a signal and minutes they also grew up in the but left it at the age of six and never returned they now live in the city in apartment building but still remember their regions was. i want a reason dancing teacher. was. next to his dances he tells the stories about his motherland. thanks lives in a reap the now has a one thousand strong reindeer herd when the enemy only saw the light can and most around brood is gathered turns and moved to another posture
the people in spain are saying that their dignity is at stake and later in the program we report on how students and doctors in their thousands are protesting government austerity all over the country. and that time of action americans signed gun control petitions as a message to the white house after the latest tragedy in a u.s. elementary school those details and more after this break. i was. the was. in the middle of russia is no way from civilization or any three hour helicopter treat from...
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Dec 11, 2012
12/12
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we are not where we were two years ago, not only in spain, but in italy. one of the few countries in the eurozone where the share of international investors, but i think if we were to talk about the flows, we should be looking more at france than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of revenue streams, so they're just doing the job. i should say the italian treasury here is doing an excellent job over the years. >> the fed is beginning a two-day meeting today. the announcements come together. 12:30 eastern. the fed is expected to lunch a new bond bike program to replace the operation twist that expires at the end of this month, the goal to keep rates low, possibly soften the blow from any risk of the u.s. going over the fiscal cliff. but bernanke did warn last month that the fed couldn't offset that shock. how small is the risk that they don't deliver what credi
we are not where we were two years ago, not only in spain, but in italy. one of the few countries in the eurozone where the share of international investors, but i think if we were to talk about the flows, we should be looking more at france than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of...